Savings Plan and Future Cost Estimation for Fort Berthold Community College

How much will it cost and what do you need to save?

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$46,894
Monthly savings required$208

How much will it cost to send your child to Fort Berthold Community College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $93,787.15 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $208.41 into a 529 or other college savings plan earning and after tax or tax exempt return of 7% will be necessary to achieve this balance.

Assumptions

Current Annual Cost$19,010.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $208.41 $0.00 $0.00 $208.41
2 $208.41 $208.41 $0.00 $1.18 $418.00
3 $418.00 $208.41 $0.00 $2.36 $628.77
4 $628.77 $208.41 $0.00 $3.56 $840.74
5 $840.74 $208.41 $0.00 $4.75 $1,053.90
6 $1,053.90 $208.41 $0.00 $5.96 $1,268.27
7 $1,268.27 $208.41 $0.00 $7.17 $1,483.85
8 $1,483.85 $208.41 $0.00 $8.39 $1,700.65
9 $1,700.65 $208.41 $0.00 $9.62 $1,918.68
10 $1,918.68 $208.41 $0.00 $10.85 $2,137.94
11 $2,137.94 $208.41 $0.00 $12.09 $2,358.44
12 $2,358.44 $208.41 $0.00 $13.33 $2,580.18
13 $2,580.18 $208.41 $0.00 $14.59 $2,803.18
14 $2,803.18 $208.41 $0.00 $15.85 $3,027.44
15 $3,027.44 $208.41 $0.00 $17.12 $3,252.97
16 $3,252.97 $208.41 $0.00 $18.39 $3,479.77
17 $3,479.77 $208.41 $0.00 $19.68 $3,707.86
18 $3,707.86 $208.41 $0.00 $20.96 $3,937.23
19 $3,937.23 $208.41 $0.00 $22.26 $4,167.90
20 $4,167.90 $208.41 $0.00 $23.57 $4,399.88
21 $4,399.88 $208.41 $0.00 $24.88 $4,633.17
22 $4,633.17 $208.41 $0.00 $26.20 $4,867.78
23 $4,867.78 $208.41 $0.00 $27.52 $5,103.71
24 $5,103.71 $208.41 $0.00 $28.86 $5,340.98
25 $5,340.98 $208.41 $0.00 $30.20 $5,579.59
26 $5,579.59 $208.41 $0.00 $31.55 $5,819.55
27 $5,819.55 $208.41 $0.00 $32.90 $6,060.86
28 $6,060.86 $208.41 $0.00 $34.27 $6,303.54
29 $6,303.54 $208.41 $0.00 $35.64 $6,547.59
30 $6,547.59 $208.41 $0.00 $37.02 $6,793.02
31 $6,793.02 $208.41 $0.00 $38.41 $7,039.84
32 $7,039.84 $208.41 $0.00 $39.80 $7,288.05
33 $7,288.05 $208.41 $0.00 $41.21 $7,537.67
34 $7,537.67 $208.41 $0.00 $42.62 $7,788.70
35 $7,788.70 $208.41 $0.00 $44.04 $8,041.15
36 $8,041.15 $208.41 $0.00 $45.47 $8,295.03
37 $8,295.03 $208.41 $0.00 $46.90 $8,550.34
38 $8,550.34 $208.41 $0.00 $48.34 $8,807.09
39 $8,807.09 $208.41 $0.00 $49.80 $9,065.30
40 $9,065.30 $208.41 $0.00 $51.26 $9,324.97
41 $9,324.97 $208.41 $0.00 $52.72 $9,586.10
42 $9,586.10 $208.41 $0.00 $54.20 $9,848.71
43 $9,848.71 $208.41 $0.00 $55.69 $10,112.81
44 $10,112.81 $208.41 $0.00 $57.18 $10,378.40
45 $10,378.40 $208.41 $0.00 $58.68 $10,645.49
46 $10,645.49 $208.41 $0.00 $60.19 $10,914.09
47 $10,914.09 $208.41 $0.00 $61.71 $11,184.21
48 $11,184.21 $208.41 $0.00 $63.24 $11,455.86
49 $11,455.86 $208.41 $0.00 $64.77 $11,729.04
50 $11,729.04 $208.41 $0.00 $66.32 $12,003.77
51 $12,003.77 $208.41 $0.00 $67.87 $12,280.05
52 $12,280.05 $208.41 $0.00 $69.43 $12,557.89
53 $12,557.89 $208.41 $0.00 $71.00 $12,837.30
54 $12,837.30 $208.41 $0.00 $72.58 $13,118.29
55 $13,118.29 $208.41 $0.00 $74.17 $13,400.87
56 $13,400.87 $208.41 $0.00 $75.77 $13,685.05
57 $13,685.05 $208.41 $0.00 $77.38 $13,970.84
58 $13,970.84 $208.41 $0.00 $78.99 $14,258.24
59 $14,258.24 $208.41 $0.00 $80.62 $14,547.27
60 $14,547.27 $208.41 $0.00 $82.25 $14,837.93
61 $14,837.93 $208.41 $0.00 $83.90 $15,130.24
62 $15,130.24 $208.41 $0.00 $85.55 $15,424.20
63 $15,424.20 $208.41 $0.00 $87.21 $15,719.82
64 $15,719.82 $208.41 $0.00 $88.88 $16,017.11
65 $16,017.11 $208.41 $0.00 $90.56 $16,316.08
66 $16,316.08 $208.41 $0.00 $92.25 $16,616.74
67 $16,616.74 $208.41 $0.00 $93.95 $16,919.10
68 $16,919.10 $208.41 $0.00 $95.66 $17,223.17
69 $17,223.17 $208.41 $0.00 $97.38 $17,528.96
70 $17,528.96 $208.41 $0.00 $99.11 $17,836.48
71 $17,836.48 $208.41 $0.00 $100.85 $18,145.74
72 $18,145.74 $208.41 $0.00 $102.60 $18,456.75
73 $18,456.75 $208.41 $0.00 $104.36 $18,769.52
74 $18,769.52 $208.41 $0.00 $106.13 $19,084.06
75 $19,084.06 $208.41 $0.00 $107.90 $19,400.37
76 $19,400.37 $208.41 $0.00 $109.69 $19,718.47
77 $19,718.47 $208.41 $0.00 $111.49 $20,038.37
78 $20,038.37 $208.41 $0.00 $113.30 $20,360.08
79 $20,360.08 $208.41 $0.00 $115.12 $20,683.61
80 $20,683.61 $208.41 $0.00 $116.95 $21,008.97
81 $21,008.97 $208.41 $0.00 $118.79 $21,336.17
82 $21,336.17 $208.41 $0.00 $120.64 $21,665.22
83 $21,665.22 $208.41 $0.00 $122.50 $21,996.13
84 $21,996.13 $208.41 $0.00 $124.37 $22,328.91
85 $22,328.91 $208.41 $0.00 $126.25 $22,663.57
86 $22,663.57 $208.41 $0.00 $128.14 $23,000.12
87 $23,000.12 $208.41 $0.00 $130.05 $23,338.58
88 $23,338.58 $208.41 $0.00 $131.96 $23,678.95
89 $23,678.95 $208.41 $0.00 $133.88 $24,021.24
90 $24,021.24 $208.41 $0.00 $135.82 $24,365.47
91 $24,365.47 $208.41 $0.00 $137.77 $24,711.65
92 $24,711.65 $208.41 $0.00 $139.72 $25,059.78
93 $25,059.78 $208.41 $0.00 $141.69 $25,409.88
94 $25,409.88 $208.41 $0.00 $143.67 $25,761.96
95 $25,761.96 $208.41 $0.00 $145.66 $26,116.03
96 $26,116.03 $208.41 $0.00 $147.66 $26,472.10
97 $26,472.10 $208.41 $0.00 $149.68 $26,830.19
98 $26,830.19 $208.41 $0.00 $151.70 $27,190.30
99 $27,190.30 $208.41 $0.00 $153.74 $27,552.45
100 $27,552.45 $208.41 $0.00 $155.79 $27,916.65
101 $27,916.65 $208.41 $0.00 $157.84 $28,282.90
102 $28,282.90 $208.41 $0.00 $159.92 $28,651.23
103 $28,651.23 $208.41 $0.00 $162.00 $29,021.64
104 $29,021.64 $208.41 $0.00 $164.09 $29,394.14
105 $29,394.14 $208.41 $0.00 $166.20 $29,768.75
106 $29,768.75 $208.41 $0.00 $168.32 $30,145.48
107 $30,145.48 $208.41 $0.00 $170.45 $30,524.34
108 $30,524.34 $208.41 $0.00 $172.59 $30,905.34
109 $30,905.34 $208.41 $0.00 $174.74 $31,288.49
110 $31,288.49 $208.41 $0.00 $176.91 $31,673.81
111 $31,673.81 $208.41 $0.00 $179.09 $32,061.31
112 $32,061.31 $208.41 $0.00 $181.28 $32,451.00
113 $32,451.00 $208.41 $0.00 $183.48 $32,842.89
114 $32,842.89 $208.41 $0.00 $185.70 $33,237.00
115 $33,237.00 $208.41 $0.00 $187.93 $33,633.34
116 $33,633.34 $208.41 $0.00 $190.17 $34,031.92
117 $34,031.92 $208.41 $0.00 $192.42 $34,432.75
118 $34,432.75 $208.41 $0.00 $194.69 $34,835.85
119 $34,835.85 $208.41 $0.00 $196.97 $35,241.23
120 $35,241.23 $208.41 $0.00 $199.26 $35,648.90
121 $35,648.90 $208.41 $0.00 $201.56 $36,058.87
122 $36,058.87 $208.41 $0.00 $203.88 $36,471.16
123 $36,471.16 $208.41 $0.00 $206.21 $36,885.78
124 $36,885.78 $208.41 $0.00 $208.56 $37,302.75
125 $37,302.75 $208.41 $0.00 $210.92 $37,722.08
126 $37,722.08 $208.41 $0.00 $213.29 $38,143.78
127 $38,143.78 $208.41 $0.00 $215.67 $38,567.86
128 $38,567.86 $208.41 $0.00 $218.07 $38,994.34
129 $38,994.34 $208.41 $0.00 $220.48 $39,423.23
130 $39,423.23 $208.41 $0.00 $222.90 $39,854.54
131 $39,854.54 $208.41 $0.00 $225.34 $40,288.29
132 $40,288.29 $208.41 $0.00 $227.80 $40,724.50
133 $40,724.50 $208.41 $0.00 $230.26 $41,163.17
134 $41,163.17 $208.41 $0.00 $232.74 $41,604.32
135 $41,604.32 $208.41 $0.00 $235.24 $42,047.97
136 $42,047.97 $208.41 $0.00 $237.75 $42,494.13
137 $42,494.13 $208.41 $0.00 $240.27 $42,942.81
138 $42,942.81 $208.41 $0.00 $242.80 $43,394.02
139 $43,394.02 $208.41 $0.00 $245.36 $43,847.79
140 $43,847.79 $208.41 $0.00 $247.92 $44,304.12
141 $44,304.12 $208.41 $0.00 $250.50 $44,763.03
142 $44,763.03 $208.41 $0.00 $253.10 $45,224.54
143 $45,224.54 $208.41 $0.00 $255.71 $45,688.66
144 $45,688.66 $208.41 $0.00 $258.33 $46,155.40
145 $46,155.40 $208.41 $0.00 $260.97 $46,624.78
146 $46,624.78 $208.41 $0.00 $263.62 $47,096.81
147 $47,096.81 $208.41 $0.00 $266.29 $47,571.51
148 $47,571.51 $208.41 $0.00 $268.98 $48,048.90
149 $48,048.90 $208.41 $0.00 $271.68 $48,528.99
150 $48,528.99 $208.41 $0.00 $274.39 $49,011.79
151 $49,011.79 $208.41 $0.00 $277.12 $49,497.32
152 $49,497.32 $208.41 $0.00 $279.87 $49,985.60
153 $49,985.60 $208.41 $0.00 $282.63 $50,476.64
154 $50,476.64 $208.41 $0.00 $285.40 $50,970.45
155 $50,970.45 $208.41 $0.00 $288.19 $51,467.05
156 $51,467.05 $208.41 $0.00 $291.00 $51,966.46
157 $51,966.46 $208.41 $0.00 $293.83 $52,468.70
158 $52,468.70 $208.41 $0.00 $296.67 $52,973.78
159 $52,973.78 $208.41 $0.00 $299.52 $53,481.71
160 $53,481.71 $208.41 $0.00 $302.39 $53,992.51
161 $53,992.51 $208.41 $0.00 $305.28 $54,506.20
162 $54,506.20 $208.41 $0.00 $308.19 $55,022.80
163 $55,022.80 $208.41 $0.00 $311.11 $55,542.32
164 $55,542.32 $208.41 $0.00 $314.04 $56,064.77
165 $56,064.77 $208.41 $0.00 $317.00 $56,590.18
166 $56,590.18 $208.41 $0.00 $319.97 $57,118.56
167 $57,118.56 $208.41 $0.00 $322.96 $57,649.93
168 $57,649.93 $208.41 $0.00 $325.96 $58,184.30
169 $58,184.30 $208.41 $0.00 $328.98 $58,721.69
170 $58,721.69 $208.41 $0.00 $332.02 $59,262.12
171 $59,262.12 $208.41 $0.00 $335.08 $59,805.61
172 $59,805.61 $208.41 $0.00 $338.15 $60,352.17
173 $60,352.17 $208.41 $0.00 $341.24 $60,901.82
174 $60,901.82 $208.41 $0.00 $344.35 $61,454.58
175 $61,454.58 $208.41 $0.00 $347.47 $62,010.46
176 $62,010.46 $208.41 $0.00 $350.62 $62,569.49
177 $62,569.49 $208.41 $0.00 $353.78 $63,131.68
178 $63,131.68 $208.41 $0.00 $356.96 $63,697.05
179 $63,697.05 $208.41 $0.00 $360.15 $64,265.61
180 $64,265.61 $208.41 $0.00 $363.37 $64,837.39
181 $64,837.39 $208.41 $0.00 $366.60 $65,412.40
182 $65,412.40 $208.41 $0.00 $369.85 $65,990.66
183 $65,990.66 $208.41 $0.00 $373.12 $66,572.19
184 $66,572.19 $208.41 $0.00 $376.41 $67,157.01
185 $67,157.01 $208.41 $0.00 $379.72 $67,745.14
186 $67,745.14 $208.41 $0.00 $383.04 $68,336.59
187 $68,336.59 $208.41 $0.00 $386.39 $68,931.39
188 $68,931.39 $208.41 $0.00 $389.75 $69,529.55
189 $69,529.55 $208.41 $0.00 $393.13 $70,131.09
190 $70,131.09 $208.41 $0.00 $396.53 $70,736.03
191 $70,736.03 $208.41 $0.00 $399.95 $71,344.39
192 $71,344.39 $208.41 $0.00 $403.39 $71,956.19
193 $71,956.19 $208.41 $0.00 $406.85 $72,571.45
194 $72,571.45 $208.41 $0.00 $410.33 $73,190.19
195 $73,190.19 $208.41 $0.00 $413.83 $73,812.43
196 $73,812.43 $208.41 $0.00 $417.35 $74,438.19
197 $74,438.19 $208.41 $0.00 $420.88 $75,067.48
198 $75,067.48 $208.41 $0.00 $424.44 $75,700.33
199 $75,700.33 $208.41 $0.00 $428.02 $76,336.76
200 $76,336.76 $208.41 $0.00 $431.62 $76,976.79
201 $76,976.79 $208.41 $0.00 $435.24 $77,620.44
202 $77,620.44 $208.41 $0.00 $438.88 $78,267.73
203 $78,267.73 $208.41 $0.00 $442.54 $78,918.68
204 $78,918.68 $208.41 $0.00 $446.22 $79,573.31
205 $79,573.31 $208.41 $0.00 $449.92 $80,231.64
206 $80,231.64 $208.41 $0.00 $453.64 $80,893.69
207 $80,893.69 $208.41 $0.00 $457.38 $81,559.48
208 $81,559.48 $208.41 $0.00 $461.15 $82,229.04
209 $82,229.04 $208.41 $0.00 $464.93 $82,902.38
210 $82,902.38 $208.41 $0.00 $468.74 $83,579.53
211 $83,579.53 $208.41 $0.00 $472.57 $84,260.51
212 $84,260.51 $208.41 $0.00 $476.42 $84,945.34
213 $84,945.34 $208.41 $0.00 $480.29 $85,634.04
214 $85,634.04 $208.41 $0.00 $484.19 $86,326.64
215 $86,326.64 $208.41 $0.00 $488.10 $87,023.15
216 $87,023.15 $208.41 $0.00 $492.04 $87,723.60
217 $87,723.60 $208.41 $45,749.83 $496.00 $42,678.18
218 $42,678.18 $208.41 $0.00 $241.31 $43,127.90
219 $43,127.90 $208.41 $0.00 $243.85 $43,580.16
220 $43,580.16 $208.41 $0.00 $246.41 $44,034.98
221 $44,034.98 $208.41 $0.00 $248.98 $44,492.37
222 $44,492.37 $208.41 $0.00 $251.57 $44,952.35
223 $44,952.35 $208.41 $0.00 $254.17 $45,414.93
224 $45,414.93 $208.41 $0.00 $256.78 $45,880.12
225 $45,880.12 $208.41 $0.00 $259.41 $46,347.94
226 $46,347.94 $208.41 $0.00 $262.06 $46,818.41
227 $46,818.41 $208.41 $0.00 $264.72 $47,291.54
228 $47,291.54 $208.41 $0.00 $267.39 $47,767.34
229 $47,767.34 $0.00 $48,037.32 $270.08 $0.10